The price of USD/CAD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
ARTÍCULOS RELACIONADOS
After testing resistance twice in the past, EURGBP has finally broken through. Can we expect a bullish trend to follow?
EURGBP has broken through the resistance line which it has tested twice in the past. We have seen…
AUDCAD – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 0.8888 on the 1 hour AUDCAD chart. Technical Analysis theory…
Important support line being approached by AUDNZD. This price has been tested numerous time in the last 7 days
Emerging Falling Wedge detected on AUDNZD – the pattern is an emerging one and has not yet broken…